Active
  • Price cut: $5K (9/10)
    $214,900

    939 Lincoln Ave, Fort Wayne, IN 46807

    4beds
    2,652sqft
    : 
    Triplex
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Decorative fireplaceTimeless charmOff-street parkingCoin-operated laundryOriginal hardwood floors
    Seize the opportunity to own this fully occupied triplex, delivering a strong $2,285/month rental income with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with two of the three units already utilizing RUBS for utility reimbursement, creating room for even greater returns. Unit 1 showcases timeless charm with original hardwood floors rich wood detailing, and a decorative fireplace, while modern updates include a new furnace (2023). A coin-operated laundry in the dry, unfinished basement—accessible via a separate exterior entrance shared with 939 Lincoln Ave and 1001 Lincoln Ave—adds valuable extra income potential. Tenants enjoy a 2-car garage, off-street parking, and convenient access to nearby Lutheran Park, Packard Park, and the Rivergreenway, while being just 3 minutes from shopping, dining, and Electric Works. This is a rare opportunity to acquire a prime investment property with strong income, historic charm, and modern updates in one of Fort Wayne’s most desirable areas. For investors seeking scale, this property can also be packaged with 1001 Lincoln Ave, 1510 Taylor St, and/or 228 W Leith St to create a robust Fort Wayne portfolio!
    33 days
    |
    1,898
    |
    96
    |
    • Loading
    • Loading